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200 Newark Entrepreneurs Graduate From City Training Program

By Monica Miller, WBGO News
Newark. March 12, 2013

Co-Founders of SAHSHÉ and Graduates of Newark's Technical Assistance Program

Some Newark residents are now their own bosses after completing a training program to help them become small business owners.

Ruth Fombrun and her business partner Carron White are set to launch their online beauty company SAHSHÉ this spring. The two young Princeton University graduates say they have backgrounds in sales and research but needed help getting their business off the ground.

“We don’t have a lot of business expertise so there are quite a few gaps in knowledge. And another one of the big ones was not having our tech development in house, sort of outsourcing a lot of the work that needed to happen for our ecommerce business.”

Both entrepreneurs are among 200 graduates from the Technical Assistance Program that helps minorities and women in each city ward expand or launch their own businesses. Brick City Development Corporation’s Lynier Richardson says many potential business owners ask him for three things.

“Access to capital, contacts and contracts. So we focus on how to be bankable, how to be credit worthy, how to put together a business plan that people want to invest in.”

Newark Today

A monthly, one-hour, live call-in program focusing on social, economic and political topics pertaining to Newark.

On this month's edition of Newark Today we are joined by Tonya R. Bryan Executive Director of Newark Emergency Services For Families, Julienne Cherry with the Community Foodbank of New Jersey, and Dr. Janice Johnson-Dias President of the Grassroots Community Foundation, to talk about feeding and housing the homeless and food insecure populations this holiday season.

Conversations with Allan Wolper

David Rozenholc is the tenant lawyer who took on Donald Trump in one of the most famous cases in New York City real estate history. Rozenholc prevented Trump's wrecking ball from demolishing a building and evicting the tenants from their apartments at 100 Central Park South now called Trump Parc East. Crain's Business called Rozenholc a lawyer that powerful landlords and developers dread facing in court.

SportsJam with Doug Doyle

Dan Silna and his brother Ozzie made mega millions in a deal they made as their Spirits of St. Louis ABA franchise was left out of the NBA merger in 1976. The philanthropist talks about his ownership days, the deal and his passions including an upcoming panel discussion called "Lessons From the Munich Olympics" moderated by his former play-by-play man Bob Costas.